Outsourcing is the practice of contracting out a task or service to a third-party. When this third-party is located in a different country, it is specifically called offshoring. While not identical, offshoring is the most common form of outsourcing in the context of international business operations and is often used interchangeably with international outsourcing.
What is another name given to outsourcing?
Asked in WBCS Main Paper 5 2022 · Topic: Tertiary Sector (Information Technology (IT) and IT-enabled Services (ITeS): Growth, challenges, and policy)
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